If I’m not pre-approved for a stated income loan, does that mean I will not be able to buy a home or get my cashout loan?
Not necessarily. We have many options to cover you in the meantime until we can get you approved. We have saved many purchase contracts and real estate investment deals from falling apart. We [...]
Are they any hidden charges or fees? Aren’t the interest rates outrageous? Will I be able to afford my payments?
You may have noticed that we don’t advertise any teaser rates on our website. Those are deceptive business practices and our pet peeve is hearing about people being bait-and-switched by other [...]
Do these loans require perfect credit or a huge down payment?
No! We have access to every program out there and will let you know right away if it can be done. Difficult loan situations are our specialty! Most of our clients are not who you would consider [...]
Who offers stated income loans?
These loans are typically offered by small to mid-sized lenders who have specialty wholesale programs that do not work directly with the public. Your big name banks do not deal with these loans [...]
How are stated income loans back again?
Stated income loans have a bad reputation due to their abuse that contributed to the housing crash. The backlash from the Dodd-Frank Act to do away with these alternative loan types left [...]
Can I get approved with a past foreclosure?
YES. We are well experienced in dealing with past foreclosures, and we will let you know right away if your foreclosure fits within the government guidelines for approval.
How long will it take to get PRE-APPROVED
Each case is different. Often our clients are surprised to find out they can be approved right away. If not, we will give you an honest estimate of how long it will take after a review of your [...]
Can I get approved with a past bankruptcy?
YES. We are well experienced in dealing with past bankruptcies, and we will let you know right away if your bankruptcy fits within the government guidelines for approval.